Stock Surge: Mangoceuticals Inc (MGRX) Closes at 2.81, Marking a -40.84 Increase/Decrease

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In the latest session, Mangoceuticals Inc (NASDAQ: MGRX) closed at $2.81 down -40.84% from its previous closing price of $4.75. In other words, the price has decreased by -$40.84 from its previous closing price. On the day, 3.18 million shares were traded. MGRX stock price reached its highest trading level at $4.99 during the session, while it also had its lowest trading level at $2.65.

Ratios:

For a deeper understanding of Mangoceuticals Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.05 and its Current Ratio is at 0.05. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 26 ’24 when Hamilton Alex P. sold 108,426 shares for $0.32 per share. The transaction valued at 34,696 led to the insider holds 50,000 shares of the business.

Hamilton Alex P. sold 16,574 shares of MGRX for $5,138 on Jun 25 ’24. The Director now owns 158,426 shares after completing the transaction at $0.31 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MGRX now has a Market Capitalization of 23601780 and an Enterprise Value of 14679643. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.42 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 23.836 whereas that against EBITDA is -1.955.

Stock Price History:

The Beta on a monthly basis for MGRX is 1.15, which has changed by -0.14459664 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, MGRX has reached a high of $16.80, while it has fallen to a 52-week low of $2.07. The 50-Day Moving Average of the stock is -26.39%, while the 200-Day Moving Average is calculated to be -25.96%.

Shares Statistics:

For the past three months, MGRX has traded an average of 96.26K shares per day and 389750 over the past ten days. A total of 3.25M shares are outstanding, with a floating share count of 2.87M. Insiders hold about 44.56% of the company’s shares, while institutions hold 1.77% stake in the company. Shares short for MGRX as of 1740700800 were 62722 with a Short Ratio of 0.65, compared to 1738281600 on 37317. Therefore, it implies a Short% of Shares Outstanding of 62722 and a Short% of Float of 2.01.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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